HQ Homes
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Comparison

Side-by-side payments and cash to close

Lowest monthly: Current Market Conventional

Total monthly

Payment stack including taxes, insurance, and HOA

Cash to close

Down payment / equity bring-to

Detail
Assumable Loan
Assumable · FHA
Current Market Conventional
New · Conventional
Loan amount$599,384$584,100
Remaining term (yrs)27.730.0
Secondary amount$0$0
Funding fee$0$0
Note rate7.09%7.24%
Blended rate7.64%7.48%
1st payment$4,120.83$3,980.63
2nd payment$0.00$0.00
Taxes / mo$399.83$399.83
Insurance / mo$166.67$166.67
MI / mo$281.33$116.82
HOA / mo$35.00$35.00
Total monthly$5,003.66$4,698.95
Cash to close$49,616$64,900